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Why SuperValu Inc. Stock Dropped 20% in August

TheMotleyFool

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Why SuperValu Inc. Stock Dropped 20% in August

Shares of SuperValu (NYSE: SVU) shed 20% last month, according to data provided by S&P Global Market Intelligence.

The slump added to significant losses for many long-term shareholders, as the grocery retailer and wholesaler has declined nearly 40% since the start of 2017.